But oil and gas drilling is good for the economy. Right?

This letter to the editor from Mayor Dave appeared in the Sunday paper:

Silt mayor seeks economic solution to foreclosures

On Aug. 1, I went to the Garfield County foreclosures, Silt section, on the Internet. I was prompted to do so by the front page article in that day’s Post Independent, “Nearly Half of Garfield County mortgage holders underwater.”

As I downloaded the 275 foreclosure names, I was saddened by how many of them I know personally. I remember the days when they were so excited to be able to buy a home or have one built. It was a new chapter in their lives, and the good times had come.

Now, only a few years later, they are forced to rent, downsize, or move in with family. Finances contribute largely to divorces and broken homes.

Tears actually formed in my eyes as I continued reading the long list. Then a thought come to my mind.

If we had a grocery store in Silt we would provide 35 to 45 jobs, a fast food restaurant would equal 15 to 20 jobs, a truck stop, a strip mall, and the list went on. If we had the said commercial businesses in Silt, the question would be, “How many families would not have had to lose their homes?”

Struggling financially is scary and frightful. Many of us have been there.

As mayor of Silt, I am deeply saddened by my friends and citizens losing their homes, and feeling helpless to do anything about it.

Is there an answer? I feel that there is hope and help. Silt is in desperate need of commercial business. If the citizens were to pressure the town and county into expediting funds to create a commercial boom in Silt as we have discussed in the past, then I could envision the creation of many jobs. As a concerned mayor, I am heartbroken.

Dave Moore
Silt

No doubt about it. These are desperate times. Kinda makes Silt sound like the Third World.

According to Dave, he found 275 foreclosures in the Silt the section. And according to this July 6 article, Area foreclosure filings surge in the second quarter of 2012:  “In Garfield County, there were 299 foreclosure filings in the first half of this year compared to 305 last year.”

Unless I’m missing something that means of the 299 foreclosures in Gasfield County, 275 of those were in Silt.

But I thought oil and gas drilling was good for the economy. So good in fact the state is willing to go to court to fight for “the jobs … and critical revenues to local and state governments across Colorado.” Our local economy tells a much different story.

I have to take issue with something else Dave said:

If we had a grocery store in Silt we would provide 35 to 45 jobs, a fast food restaurant would equal 15 to 20 jobs, a truck stop, a strip mall, and the list went on. If we had the said commercial businesses in Silt, the question would be, “How many families would not have had to lose their homes?”

I seriously doubt whether a grocery store would provide 35 to 45 jobs, or a fast food restaurant would mean 15 to 20 jobs. Unless those are part time jobs. But none of that matters anyway. You can’t afford to live in Silt on the wages they pay at a grocery store or fast food restaurant.

Apparently you can’t afford to live here on the wages they pay in the oil & gas industry either.

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2 Comments on “But oil and gas drilling is good for the economy. Right?”

  1. Claudia Putnam Says:

    Yeah, not sure how a grocery store wage or a strip mall wage would buy a home. But. Keep thinking. :\

  2. Peggy Tibbetts Says:

    maybe if you worked at the fast food place for breakfast shift, then the Dollar Store for the afternoon shift, then worked all night at the grocery store — the old Bush 3-job economy

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